The General Fund of the City of Bangor purchased water from its Water Utility Fund in the amount of $20,000. The General Fund would debit:
A. Water Expense.
B. Expenditures Control.
C. Other Financing Uses-Transfers Out.
D. None of the choices; no entries would be made.
Answer: B
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The Office of the Comptroller of the Currency is the main supervisor for
A. national banks that are part of a financial holding company or a bank holding company. B. national banks that are not in a financial holding company or a bank holding company. C. state banks that are not members of the Federal Reserve and are not in a financial holding company or a bank holding company. D. state banks that are members of the Federal Reserve System.
Edward owes Frank $100, payable in six months. Frank, who is leaving the country, gives his rights to the payment to Marge for $80. Which of the following is true about the scenario?
A. Frank is the obligor. B. Edward owes Marge $80. C. Frank will get $100 from Edward. D. Edward owes Marge $100.
Which of the following steps are involved in conducting SEM?
A) Define the individual constructs. B) Specify the measurement model. C) Assess measurement model reliability and validity. D) Specify the structural model if the measurement model is valid. E) All of the above.
Which of the following is an economic factor that a company should consider before deciding to enter into a new country?
A) population size and growth B) natural resources C) cultural and social norms D) political stability E) climate